Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
S&P 500 Industrials (Sector) (CME:SP500-20)
Countertrend Up (+85) - SP500-20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-20
The long-term trend has been UP since Aug 10th, 2020 at 643.96
The intermediate-term trend has been UP since Feb 9th, 2021 at 759.84
The short-term trend has been DOWN since Mar 4th, 2021 at 774.61
Smart Scan Analysis for SP500-20
Based on our trend formula, SP500-20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 776.62 | 790.60 | 761.33 | 788.10 | +18.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 788.10 | 371351508 | 2021-03-05 16:19:57 |
| 52wk High | 680.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 563.06 | 52wk Low Date | 2018-10-29 |